Filing of Form No. 113 & Issuing Form No. 114

Purpose and Content of Form No. 113

To improve transparency and ensure that donors claiming deduction under Section 133(1)(b)(ii) are genuinely contributing to registered and compliant NPOs, the Income Tax Department has made it mandatory for such NPOs to file an annual statement of donations (Form No. 113) and issue a certificate of donation (Form No. 114) to each donor. Form No. 113 is annual statement to be filed by every NPO registered under section 354. The form must contain the following details of the donors along with the donation received during the financial year:

• Name of the donor
• Address of the donor
• Permanent Account Number (PAN) or Aadhaar number
• Donation type: corpus, specific grant, voluntary donation, donation from CSR funds, or any other.
• Mode of receipt: cash, cheque, electronic transfer, etc.
• Amount donated
• Unique Identification Number (UIN) allotted to the institution by the Income Tax Department
• Section under which donation is claimed

Due Date of Form 113  

The Form 113 must be filed electronically on the Income Tax portal and submitted on or before 31st May of the immediately following Tax year (unless revised by Income Tax Department). The form must be digitally signed or verified through electronic verification code by the authorized signatory.

Key points to be noted:

• Form 113 is allowed to be filed multiple times for the same financial year
• Even the Form 113 can be revised in case any mistake has occurred in the original filing
• Organization has to submit the donor details in every case except for which are not eligible for 133(1)(b)(ii) benefit. It is the discretion of donors, if they do not claim the deduction in their ITR. However, if the details are not received or not filed by the donor, it will be treated as anonymous donation and accordingly taxable, if it is more than 5% of the total donation or Rs. 1 Lakh, whichever is higher.

Issuing Form No. 114

Form 114 is a certificate of donation issued to each donor based on the information filed in Form 113. This certificate allows the donor to claim deduction under Section 133(1)(b)(ii). The NPO must issue Form No. 114 to each donor on or before 31st May of the immediately following financial year.

Consequences of Non- Compliance 

As per Section 429(b), failure to file Form 113 & non-issuance of Form No. 114 within the prescribed time attracts a late fee of Rs. 200 per day of default. Additionally, penalty under Section 464(b) may also be levied by the Assessing Officer, which can range from Rs. 10,000 to Rs. 1,00,000 for:

• Non-filing of Form 113; or
• Non-issuance of Form 114; or
• Furnishing incorrect or false particulars.

Key points to be noted:

   
     







There is no need of uploading details of following donation in Form 113;

• Donation received from Foreign Source (where the donor is not an Income Tax Assessee)
• Donation Received in kind
• Donation received in cash more than Rs. 2000 under section 133(5)
• Anonymous Donation